A loan of $4,425 helped a member to buy six baskets of dried fish and two buckets of groundnut paste.

Bintou's Group's story

This group is made up of women who all come from the same neighborhood and who are very active in the Banc Villageois created in December 2010. They get along well with one another and are united by strong solidarity ties. Their main activity is small retail business.

Bintou (standing at the far right of the photo and raising her left hand) is the group's featured borrower. She is 43 years old, married, and the mother of five children (two boys and three girls).

She sells dried fish and groundnut paste. She buys dried fish by baskets of 10 kilos (at a cost of 6,000 CFA francs per basket). She resells fish on a retail basis charging 1,000 CFA francs per kilo, or charging 100, 200 francs or more per fish, if fish is sold separately, depending on her customers' needs. She also buys groundnut paste by the bucket (each bucket weighing 20 liters and costing 15,000 CFA francs). She resells groundnut paste 1,000 francs (per liter) or in 250-francs bags.

She plans to use her loan to buy six baskets of dried fish for a maximum price of 6,000 CFA francs (per basket) and two buckets of groundnut paste, each costing 15,000 francs.

Bintou will put part of her profits into savings in order to increase her financing capacity, and will use the remaining money to help her husband manage the daily expenses.

In this group: Bintou, Aminata, Aminata Diatta, Rougui, Dienabou, Aminata, Aissatou, Khady, Fatoumata, Mariama Poulo, Kany, Fatoumata Alassane, Mariama Mamadou, Kady, Kady Babel, Kadiatou, Ramatoulaye, Coumba, Mariama, Mariama, Mariama Taslima, Diabou, Ansatou, Maimouna, Kady, Habibatou, Marietou, Seny, Maoudo, Mariama, Ramatoulaye, Mariama, Mariama Aladji

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Translated from French by Kiva volunteer Sophie Narayan

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